Cardinal Health
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OVERALL |
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Owned |
USA |
Rating |
N/A |
Healthcare
Cardinal Health Inc | USA | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Cardinal Health Inc | ||||
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 83/100, ranking 12th in the Health Care & Life Sciences sector, and 81st overall.
Source: Newsweek (2021)
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of B.
Source: CDP (2023)
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 202nd of 937 companies, and 11th of 41 Pharmaceuticals & Biotech companies.
Source: JUST Capital (2024) |
In 2019 this company was one of four defendants agreeing to pay $260m to settle opioid litigation with only Cuyahoga and Summit counties in the US leaving 2700 more local governments still suing over distributors' role in the addiction crisis. This company has paid nearly $100m in settlements to US state and federal governments over the past decade over its role in shipping prescription medications that were later abused.
Source: bizjournals.com (2019)
In 2017 this company agreed to pay US$44 million in fines to resolve allegations that it failed to alert the Drug Enforcement Administration to suspicious orders of powerful narcotics by pharmacies in Florida, Maryland and New York.
Source: Washington Post (2017)
In February 2020 the US Securities & Exchange Commission (SEC) announced that this company agreed to pay more than $8m to resolve charges that it violated the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act. The SEC found that the company's internal accounting controls were not sufficient to detect improper payments made by employees of its former Chinese subsidiary between 2010 and 2016. The company consented to pay $5.5m in disgorgement, $916,887 in prejudgement interest and a civil penalty of $2.5m.
Source: US Dept of Justice (2020) |
In 2022 the median pay for a worker at this company was US$63,906. The CEO was paid 211 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2023)
As You Sow's 2022 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Michael C. Kaufmann came in at number 66 on the list, having been paid US$14,217,127 in 2021. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2022)
This company has corporate citizenship claims on its website under the headings environmental sustainability, ethics and governance, community relations and combating opioid misuse.
Source: company website (2020)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2016)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)
This company received an S&P Global ESG Score of 43/100 in the Health Care Providers & Services category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022) |
Company Details
Type | Public company |
Founded | 1971 |
Contact Details
Address | Dublin, Ohio, USA |
Website | www.cardinalhealth.com |